First off, how much capital did the Aussie imvestor actually contribute?
33 millions shares at 20 cents each. For a grand sum of $6 million dollars? Very very puny in the grand scheme of things.
The company yearly net profit is twice the aussie investors contributed capital, do you think management deliberate setup a scam just so they can rip off aussie investor an amount of money worthless than 6 months of net profit?
Would the owner risk a jail sentence for a sum of money less than what the company make in less than 6 months?
XPD Price at posting:
3.1¢ Sentiment: Buy Disclosure: Held